Business Planning Blog
Educate Your Customers!
Educate them about what, you may be thinking. Well, consider this, many businesses focus solely on attracting new customers, but you NEED to spend a good chunk of your time retaining current and former customers. These are people you already know to be a good sales potential…they’ve already bought from you!
Take the time to market and sell new products to your old customers and less time... more
Cash Flow Forecast for Franchises
We have helped a few clients prepare Cash Flows in the purchase of a Franchise. Wisely, many Franchisors insist that prospective franchisees complete a Cash Flow forecast for their franchise before any approval is granted. Given that many buyers of franchises are purchasing a business for the first time, many do not have a complete understanding that their total cash flow is going to vary... more
Business Plan for Franchise and Finance Application
Over the years I've helped many people create a Business Plan for their Business. I’m often asked "Can you do my business plan for me?" This question concerns me as it shows they do not understand the importance of a Business Plan and how it affects the success of their business. My response to this question is, "I have the tools, templates and knowledge to help you write your Business... more